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Many African countries change their currency's appearance when a new government takes power (often the new head of state will appear on bank notes), though the notional value remains the same. Also, in many African currencies there have been episodes of rampant inflation, resulting in the need for currency revaluation (e.g. the Zimbabwe dollar).
Colour key and notes Indicates that a given currency is pegged to another currency (details) Italics indicates a state or territory with a low level of international recognition State or territory Currency Symbol [D] or Abbrev. ISO code Fractional unit Number to basic Abkhazia Abkhazian apsar [E] аҧ (none) (none) (none) Russian ruble ₽ RUB Kopeck 100 Afghanistan Afghan afghani ؋ AFN ...
The leone was introduced on 4 August 1964. It replaced the British West African pound at a rate of 1 pound = 2 leones (i.e., 1 leone = 10 shillings). [3] When it was introduced, one leone was worth precisely half a pound sterling or US$1.40. The leone was worth more than the U.S. dollar until the 1980s, when the currency started to devalue rapidly.
Non-free images of currency (982 F) Public domain images of currency (8 F) Euro images (1 P, 146 F) C. Images of circulating currency (294 F) Media in category ...
So far only three of the 53 member states of the African Union in 2009 have committed to using the currency (in 2022, the African Union has 55 members). [ citation needed ] Egypt , Eswatini , and Lesotho have logged reservations over the precise date of monetary union and have requested a two- to three-year delay.
Freetown (Krio: Fritɔun) is the capital and largest city of Sierra Leone. It is a major port city on the Atlantic Ocean and is located in the Western Area of the country. Freetown is Sierra Leone's major urban, economic, financial, cultural, educational and political centre, as it is the seat of the Government of Sierra Leone. The population ...
Sierra Leone has the largest natural harbour on the African continent, allowing international shipping through the Queen Elizabeth II Quay in the Cline Town area of eastern Freetown or through Government Wharf in central Freetown. There are 800 km (497 mi) of waterways in Sierra Leone, of which 600 km (373 mi) are navigable year-round.
Usage of: West African CFA franc Central African CFA franc The West African CFA franc (French: franc CFA or simply franc, ISO 4217 code: XOF; abbreviation: F.CFA) is the currency used by eight independent states in West Africa which make up the West African Economic and Monetary Union: Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal and Togo.